SUMMARISED CONSOLIDATED CASH FLOW STATEMENT Restated             Restated R millions

31.12.05

31.12.04

30.6.05

Cash generated by operations before working capital changes

370

301

714

Cash out flow from exceptional items relating to BBBEE

(74)

–

– Cash out flow from headleaseand other property activities

(39)

(31)

(68)

(Increase) decrease in working capital

(217)

(362)

33

Cash generated by operations

40

(92)

679

Interest and taxation

(39)

(14)

(11)

Operating cash flow

1

(106)

668

Dividends paid

(96)

(96)

(143)

Dividends paid to minority shareholders

(22)

(17)

(20)

Cash (utilised) retained in operations

(117)

(219)

505

Net investment activities

(951)

(618)

102

Property, plant and equipment and intangible assets (net)

(179)

(102)

(225)

Business acquisitions / disposals (net)

(344)

(559)

317

Treasury share acquisition relating to the BBBEE transaction

(421)

–

–

Other (net)

(7)

43

10

Net funds flow

(1 068)

(837)

607

SEGMENTAL ANALYSIS Restated            Restated R millions

31.12.05

31.12.04

30.6.05

REVENUE Construction & engineering

3 124

3 228

6

Construction materials & services

1 983

1 435

3

Fabrication & manufacture

421

426

869

Corporate – –

1

Ongoing operations

5 528

5 089

10

Discontinued operations (note 3)

46

269

403

Total revenue

5 574

5 358

10

EBIT Construction & engineering

94

65

240

Construction materials & services

226

142

326

Fabrication & manufacture

39

43

101

Corporate

(58)

(49)

(118)

Ongoing operations

301

201

549

Discontinued operations (note 3)

1

2

12

Total EBIT

302

203

561

NOTES 1. Basis ofpreparation The Group has adopted International Financial Reporting Standards(IFRS)for th e year ending 30 June 2006, with a date of transition of 1 July 2004. Previously the consolidated results were prepared in accordance with South African Generally Accepted Accounting Practice (SA GAAP). These interim results have been prepared and presented in accordance withIAS34:        Interim Financial Reporting. The financial statements for the year ending 30 June 2006 will be the Group's first consolidated IFRS-compliant financial statements and hence IFRS1:First-time Adoption of IFRS      has been applied in preparing this interim report. Comparative information has been restated as required by IFRS andis    reflected as "unaudited" as the adjustments have not been audited by the Group's external auditors. The interim financial information does not include all the relevant information required by IFRS for full annual financial statements These interim financial statements have been prepared in accordance with those IFRS standards and International Financial Reporting Interpretations Committee (IFRIC) interpretations issued and effective as at the time of preparing these interim statements. The IFRS standards and IFRIC interpretations that will be applicable at 30 June 2006 are not known with certainty at the time of preparing these interim financial statements and may therefore still change. Other changes to the presentation of information may be made in the statutory annual financial statements. 2. Significant changes to the Group's accounting policies 2.1 Property, plant and equipment Useful lives and residual values of certain items of property, plant and equipment were reassessed in accordance with the criteria of IAS16: Property, Plant and Equipment      (revised). In future, residual values of all property, plant and equipment will be reassessed on an annual basis. Previously residual values were only assessed on initial recognition of the specific items and were not subject to annual reassessment. The continuous reassessment typically leads to a change in depreciation charges annually. Depreciation ceases when the residual value of an asset equals or exceedsits carryingvalue.